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speaker boehner has control of the house. and majority leader reed reed has his and mcconle the minority leader. you need certain amount of republicans in the senate to come with the president. they have their own power base they are working it is it the triangulation that we will see. who and what form is it the coalition that are need tod pass something. >> welcome to divided government. >> there you g. >> in this setting right now. everybody has an interest in finding a way to making progress and giving the american people what they wanted from all of their leaders some substantive move forward on the big issues that face the country. taxes and spending are on everyoney mind. >> gop's give on taxes. you think the democrats will play fair on entitlements. >> that is on the agenda and democrats recognize it is it not only increasing the revenue. you need a balance. both increase in revenue, but you need a cut in spending. >> you can't ignore the path. if we don't reform entitlements, there is it a country that is broke. as l
speaker boehner has control of the house. and majority leader reed reed has his and mcconle the minority leader. you need certain amount of republicans in the senate to come with the president. they have their own power base they are working it is it the triangulation that we will see. who and what form is it the coalition that are need tod pass something. >> welcome to divided government. >> there you g. >> in this setting right now. everybody has an interest in finding a way...
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Nov 10, 2012
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>> what i was saying is that just focusing on -- i think what matt and boehner and some others on the right would like to us believe is that just by extending the bush tax cuts and focusing on tax cuts for so-called job creators is enough and we know that after 40 years of trickle down, that that does not work that. does not grow the economy. so what we need is to focus more on the investments that will not only educate people and get people back to work and create opportunities, but also things that actually help people who have jobs get back to work, the investments -- >> arthel: forgive me, but i've got to give matt 20 seconds. go ahead. >> we just had an election. let's put the talking points aside. let's agree whether you're republican or democrat and you're sitting in that oval office, you've got to get this economy growing. it's an anemic economy. you're not going to grow it by raising taxes on any job creators. if you try raise it on high income earners, you're raising taxes on small businesses. that means his presidency is going to go down as a failure. i think he's smarter t
>> what i was saying is that just focusing on -- i think what matt and boehner and some others on the right would like to us believe is that just by extending the bush tax cuts and focusing on tax cuts for so-called job creators is enough and we know that after 40 years of trickle down, that that does not work that. does not grow the economy. so what we need is to focus more on the investments that will not only educate people and get people back to work and create opportunities, but also...
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boehner needs to get his party in line. they do have a divided party in the republican party with the tea partiers, and then, harry reid and presi they need to come together. >> kelly: selena, angela lays it on the line particularly about the republicans dividing themselv themselves because of the tea party. can the prison hope to bri-- the president hope to bring them table. >> it's not the president's responsibility to bring the republicans out there. >> kelly: he almost has to an olive branch? >> he's passed a bill maintaining the tax cuts on those who make under $250,000 and it's on speaker john boehner at this point to simply pass the senate bill and if nothing is done it's on speaker john boehner not on the president, whether or not the tax cuts expire on january 1. >> but at the end of the day, it will be the american people that are hurt. yes, there is a bill in the senate, and yes, boehner could pass it, but he says that he does not want to raise taxes and the congressional budget office says, kelly, if we do what
boehner needs to get his party in line. they do have a divided party in the republican party with the tea partiers, and then, harry reid and presi they need to come together. >> kelly: selena, angela lays it on the line particularly about the republicans dividing themselv themselves because of the tea party. can the prison hope to bri-- the president hope to bring them table. >> it's not the president's responsibility to bring the republicans out there. >> kelly: he almost has...
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boehner says he is willing to compromise. by closing tax loopholes, eliminate tax deductions and exemptions which would result in wealthier americans pay more taxes and increasing government revenue. is that really the potential compromise here without actually raising the tax rates. you do get the wealthier americans paying more taxes that way. >> you could engineer it that way in such a way that it would be significant win for president obama on the substance. i think this should really be a slam-dunk for obama. the danger we face in terms of no deal happening you are hearing voices on the left say to obama. no, hold out for a better deal. we're on top here. that could end up playing any kind of negotiations because you may have democrats decide we're going to hold out for more and overplaying their hand. >> gregg: biggest driver is entitlements. what are the chances that those programs could actually be reformed with some fairly simple alations. raising the retirement age. young people in their 20s. medicare choice and com
boehner says he is willing to compromise. by closing tax loopholes, eliminate tax deductions and exemptions which would result in wealthier americans pay more taxes and increasing government revenue. is that really the potential compromise here without actually raising the tax rates. you do get the wealthier americans paying more taxes that way. >> you could engineer it that way in such a way that it would be significant win for president obama on the substance. i think this should really...
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Nov 11, 2012
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boehner says the we can hope for a band-aid solution? >> the reason i said probably mid-february you are able for the month of january and half of february to hold off on some of these tax withdrawals you are able to do treasury department. in the first year of defense cuts only about 15% of what you actually appropriated is spent. it's paid out over four years. so you are able to get into the 1st of february february before real damage is gone. if you go into march, you will have a minimum negative g.d.p. growth and negative reduction. tony had another pointed there. bipartisan debt commission said two-thirds of this should be done by approximately spending cut entitlement reform because that is a large part of the budget but about one-third has to be done by tax revenues. they understand what a principle bipartisan compromise is needed must be done for the good of the american people. >> heather: i wanted to talk more about that. this is nonprofit partisan congressional budget office. they said the current national debt exceeds 70% of
boehner says the we can hope for a band-aid solution? >> the reason i said probably mid-february you are able for the month of january and half of february to hold off on some of these tax withdrawals you are able to do treasury department. in the first year of defense cuts only about 15% of what you actually appropriated is spent. it's paid out over four years. so you are able to get into the 1st of february february before real damage is gone. if you go into march, you will have a...
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it listened to speaker boehne boehner. he wants this to happen. we can't have tree believers at -- true believers at the table. we need real compromise. the president laid out a draft of what we could work with and change as he suggested but there are principles that we need to adhere to. we have had an election and there consequences. we need to be open minded of what the solution will be. >> congressman elect, you have served. how worried are you in a deal doesn't get done, you are here and will be part of what happens next. how worried are you for a domestic and defense cut that could be coming? >> i'm deeply worried about the defense cuts coming. i was in front lines on n afghanistan and i saw it firsthand. we didn't have active axles or tires to take the troops out and fight to bad guy. i opposed the act at the time. president put it on the table and recognized in the last debate when he said the sequestration will not happen and the secretary of defense leon panetta said it would be devastating. of the issues that congress faces in two month
it listened to speaker boehne boehner. he wants this to happen. we can't have tree believers at -- true believers at the table. we need real compromise. the president laid out a draft of what we could work with and change as he suggested but there are principles that we need to adhere to. we have had an election and there consequences. we need to be open minded of what the solution will be. >> congressman elect, you have served. how worried are you in a deal doesn't get done, you are here...